I am pretty sure there is a thread like this i am just too lazy to look for it.

I hear a lot of mixed opinions about him so far.

People have mixed opinions about his presidency.Some say he is not helping the economy and driving us deeper into debt.Some say his legislations and actions borderline on socialismSome people say he is a hero for passing health careSome people say he was wrong for passing the health care

At 10/26/2010 9:48:30 PM, Loserboi wrote:I am pretty sure there is a thread like this i am just too lazy to look for it.

He is doing what he wanted to do... mostly.

I hear a lot of mixed opinions about him so far.

People have mixed opinions about his presidency.

He is not to blame for everything, but he is implementing his agenda. We will see if it works later in history.

Some say he is not helping the economy and driving us deeper into debt.

And some would say he is doing the right thing.

Some say his legislations and actions borderline on socialism

Na. I do not believe the ignorance that says this. He is not a socialist, he is a democrat.

Some people say he is a hero for passing health care

Some like healthcare reform...Some hate it...

Some people say he was wrong for passing the health care

Just a very mixed bag about him.

Yeah. He maybe the best president ever... but time will tell. I don't think he is doing a great job, but it could be worse, and it could be better. If it works then great, but time will tell. The people that condemn him before he has the appropriate time to be judged is ignorant.

Who cares about spending. The Federal Reserve (which is private, not Federal) just prints money out of thin air anyways. The only people the government is in debt to is the Federal Reserve, which since the Federal Reserve and the government are on the same side (controlled by the same people), the government is in debt to itself which is no debt at all.

Do you ever see the Federal Reserve complain to the government about not paying up it's debt? Nope. Just like I don't care if I spend money and not pay myself back.

At 10/27/2010 11:27:19 AM, GeoLaureate8 wrote:Who cares about spending. The Federal Reserve (which is private, not Federal) just prints money out of thin air anyways. The only people the government is in debt to is the Federal Reserve, which since the Federal Reserve and the government are on the same side (controlled by the same people), the government is in debt to itself which is no debt at all.

Do you ever see the Federal Reserve complain to the government about not paying up it's debt? Nope. Just like I don't care if I spend money and not pay myself back.

This is literally the first time I have seen someone acknowledge this about the "national debt."

At 10/27/2010 11:27:19 AM, GeoLaureate8 wrote:Who cares about spending. The Federal Reserve (which is private, not Federal) just prints money out of thin air anyways. The only people the government is in debt to is the Federal Reserve, which since the Federal Reserve and the government are on the same side (controlled by the same people), the government is in debt to itself which is no debt at all.

Do you ever see the Federal Reserve complain to the government about not paying up it's debt? Nope. Just like I don't care if I spend money and not pay myself back.

At 10/27/2010 11:27:19 AM, GeoLaureate8 wrote:Who cares about spending. The Federal Reserve (which is private, not Federal) just prints money out of thin air anyways. The only people the government is in debt to is the Federal Reserve, which since the Federal Reserve and the government are on the same side (controlled by the same people), the government is in debt to itself which is no debt at all.

Do you ever see the Federal Reserve complain to the government about not paying up it's debt? Nope. Just like I don't care if I spend money and not pay myself back.

I thought the chinese owned a bunch

That's public debt.

We owe Japan a whole lot as well.

Those become a risk when countries begin to liquidate or when it gets too high, causing the economy to become unstable.

Obama has not reduced it, but he has not caused any more growth than any other president.

At 10/27/2010 11:27:19 AM, GeoLaureate8 wrote:Who cares about spending. The Federal Reserve (which is private, not Federal) just prints money out of thin air anyways. The only people the government is in debt to is the Federal Reserve, which since the Federal Reserve and the government are on the same side (controlled by the same people), the government is in debt to itself which is no debt at all.

Do you ever see the Federal Reserve complain to the government about not paying up it's debt? Nope. Just like I don't care if I spend money and not pay myself back.

We have owed china money for the longest time since the time of like Reagan. We had to borrow money from china to put forth the stimulus package.